Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Values Of Derivative Instruments On Condensed Consolidated Balance Sheets

The following table summarizes information about the fair values of derivative instruments on our Condensed Consolidated Balance Sheets (in thousands):

	June 30, 2012
	Asset Derivatives			Liability Derivatives
	Classification	Fair Value		Classification	Fair Value
Derivatives designated as hedges:
Foreign currency exchange contracts	Other current assets	$	121,257	Other accrued liabilities	$	3,632
Foreign currency exchange contracts	Other noncurrent assets	13,174		Other long-term obligations	432
Total derivatives designated as hedges		134,431			4,064
Derivatives not designated as hedges:
Foreign currency exchange contracts	Other current assets	33		Other accrued liabilities	26
Total derivatives not designated as hedges		33			26
Total derivatives		$	134,464		$	4,090

	December 31, 2011
	Asset Derivatives			Liability Derivatives
	Classification	Fair Value		Classification	Fair Value
Derivatives designated as hedges:
Foreign currency exchange contracts	Other current assets	$	77,066	Other accrued liabilities	$	5,052
Foreign currency exchange contracts	Other noncurrent assets	23,169		Other long-term obligations	620
Total derivatives designated as hedges		100,235			5,672
Derivatives not designated as hedges:
Foreign currency exchange contracts	Other current assets	240		Other accrued liabilities	38
Total derivatives not designated as hedges		240			38
Total derivatives		$	100,475		$	5,710

Summary Of The Effect Of Foreign Currency Exchange Contracts On Condensed Consolidated Statements Of Income

The following table summarizes the effect of our foreign currency exchange contracts on our Condensed Consolidated Statements of Income (in thousands):

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Derivatives designated as hedges:
Net gains (losses) recognized in OCI (effective portion)	$	112,011		$	(46,608	)	$	63,125		$	(174,107	)
Net gains (losses) reclassified from accumulated OCI into product sales (effective portion)	$	15,059		$	(20,945	)	$	26,286		$	(11,016	)
Net gains (losses) recognized in other income (expense), net (ineffective portion and amounts excluded from effectiveness testing)	$	(3,544	)	$	(4,061	)	$	(6,756	)	$	(3,066	)
Derivatives not designated as hedges:
Net gains (losses) recognized in other income (expense), net	$	93,592		$	(34,344	)	$	66,418		$	(120,190	)